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. >>> also stay tuned this country is one step closer to falling off the fiscal cliff this morning. while the major players are still not sitting down to talk, there's some good news believe it or not this morning. here is suzanne mcginnis. >> social security workers marched outside they're office in baltimore wednesday. they're protesting the governments cuts to kick in at the end of the year. sdmrsz -- >> we don't want to see our public hurt. >> just down the road in washington dc the stand off continues. house speaker john boehner said he's still waiting for president obama to make his next counter offer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't negotiate with ourselves. >> the president and boehner spoke on the phone wednesday. republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person here at capitol hill or at the white house there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not going to solve the
. >>> also stay tuned this country is one step closer to falling off the fiscal cliff this morning. while the major players are still not sitting down to talk, there's some good news believe it or not this morning. here is suzanne mcginnis. >> social security workers marched outside they're office in baltimore wednesday. they're protesting the governments cuts to kick in at the end of the year. sdmrsz -- >> we don't want to see our public hurt. >> just down the road...
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Dec 6, 2012
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over the fiscal cliff if he doesn't get the tax increases over the wealthy. but will republicans agree to a broader deal? we have that conversation just ahead. when we come back right here, we're going to huddle around the water cooler. we have to get some space. let's put them in another room. allen simpson resorts to dancing "gangnam style" to make people interested about the debt. >> that's not pretty. >> we'll be right back. >>> i'm over. i'm done. >> let's go to the control room. >> we hear it's a strong -- >> what's your nickname? >> i know you know korean pop phenom and his song is one of your favorites. >> you should see my brother do this. >> you're not alone. it's youtube's most watched video. it even rubbed off on the debate over the national debt, specifically on 81-year-old senator allen simpson. >> stop instagramming your breakfast and getting on youtube until you can see "gangnam style." ♪ and start using those precious social media skills and go out and sign people up on this baby, three people a week. let it grow. take part or get taken apa
over the fiscal cliff if he doesn't get the tax increases over the wealthy. but will republicans agree to a broader deal? we have that conversation just ahead. when we come back right here, we're going to huddle around the water cooler. we have to get some space. let's put them in another room. allen simpson resorts to dancing "gangnam style" to make people interested about the debt. >> that's not pretty. >> we'll be right back. >>> i'm over. i'm done. >>...
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despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the morning or something, if that's okay. captioning funded by cbs >> this is the "cbs morning news" for thursday, december 6, 2012. >>> good morning, everybody. i'm terrell brown. stunning. that's what they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republica
despite some signs of a compromise, the white house says it is ready to go over the fiscal cliff. >>> lighting up legally. this morning a law permitting recreational marijuana use goes into effect in washington state. >>> and royal ruse. australia's shop jocks pose as queen elizabeth and prince charles in a prank phone call to the duchess of cambridge's hospital. >> when can you take me to the hospital, charles? >> when can you come down to take her? maybe in the...
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Dec 13, 2012
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oh, my goodness. >>> let's continue to talk about the fiscal cliff this morning because negotiations we know are stalled, and there's a new poll from nbc news, "the wall street journal" 67% of americans said they would accept a compromise on one or both of the biggest sticking points, increased taxes, cuts in spending. public leaders say government overspending is the root of our problems. our next guest says a collaboration between government and private industry would move the nation forward. "doing capitalism in the innovation economy" ranked among 2012's best books by the financial times. people talk about an innovation economy. what does that mean? >> i mean the processes by which through trial and error we discover new technologies, research is alied, and then the stuff that really matters is built out into the kind of networks from the canals to the railroads to the highway system, the electricity grid and the internet that transform the market economy and then finally there's a process again, trial and error, of exploring what this new stuff is good for. the point is that thi
oh, my goodness. >>> let's continue to talk about the fiscal cliff this morning because negotiations we know are stalled, and there's a new poll from nbc news, "the wall street journal" 67% of americans said they would accept a compromise on one or both of the biggest sticking points, increased taxes, cuts in spending. public leaders say government overspending is the root of our problems. our next guest says a collaboration between government and private industry would move...
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Dec 6, 2012
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it's the political question this morning. who do you trust to handle the fiscal cliff? 48% believe
it's the political question this morning. who do you trust to handle the fiscal cliff? 48% believe
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Dec 7, 2012
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. >>> now to stories you can bank on this morning the fiscal cliff not the only thing americans are worried about. lauren simonetti breaks down the result of a new survey for us. >> happy friday. you have done some of your holiday shopping, maybe all of it. if your answer is on the credit card you are worried about paying off the bill. a quarter people asked say they will need more than 3 months to pay their holiday expense. that's up from 18 percent last year. credit card debt continues to be the top financial worry many folks are using credit cards less. 55 percent of respondents plan to spend less than $500 each year. >> i understand more and more service jobs are moving overseas. >> out sourcing has become a negative buzz word especially since the recession as more companies send jobs overseas to say money. >> the hackett group says 663,000 jobs innic t, hr and finance have been offshored over the past decade. by 2016175,000 will be brought as well. fist it was low level jobs leaving the u.s. where they could cut expenses 75 percent but now we are seeing high level jobs overseas as well
. >>> now to stories you can bank on this morning the fiscal cliff not the only thing americans are worried about. lauren simonetti breaks down the result of a new survey for us. >> happy friday. you have done some of your holiday shopping, maybe all of it. if your answer is on the credit card you are worried about paying off the bill. a quarter people asked say they will need more than 3 months to pay their holiday expense. that's up from 18 percent last year. credit card debt...
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no movement to report in the fiscal cliff. we can tell that you across the country mayors and governors are becoming increasingly concerned about the impact back home. there's growing angst on capitol hill over the fiscal cliff. >> figure it out. >> it's really time to get serious. >> reporter: mayors are getting nervous. >> congress needs to act immediately. >> reporter: and the public is worried. in our new nbc/"wall street journal" poll, 70% of democrats and 59% of republicans urge compromise. the country is evenly split over whether that will happen. republicans rejected president obama's latest plan to accept less tax revenue and sent the exact same offer back to the white house with no changes. >> i don't believe that we've heard anything from the leadership that suggests they have moved off their position. >> i remain the most optimistic person in this town. but we've got some serious differences. >> reporter: federal reserve chair ben bernanke warns gridlock is already affecting the economy. >> why is it that consumer
no movement to report in the fiscal cliff. we can tell that you across the country mayors and governors are becoming increasingly concerned about the impact back home. there's growing angst on capitol hill over the fiscal cliff. >> figure it out. >> it's really time to get serious. >> reporter: mayors are getting nervous. >> congress needs to act immediately. >> reporter: and the public is worried. in our new nbc/"wall street journal" poll, 70% of...
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today's fiscal cliff photo op of the day is going to be in suburban northern virginia when the president will remind the public yet again that without a budget deal taxes will go up on 100% of americans at the end of the year. he'll visit the home of a middle class family who shared their story through the white house's hash tag my 2k social media campaign. >>> with talks and a public stalemate on wednesday the president called speaker boehner their first conversation of the week. the two sides agreed on one thing. they wouldn't characterize the conversation. aides even refused to say how long the two leaders talked. this latest move, though, treasury secretary timothy geithner showed cnbc wednesday the white house is prepared to go over the cliff if democrats and republicans fail to get a deal done. >> when it comes to raising taxes on the wealthy, those making more than $250,000, if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the
today's fiscal cliff photo op of the day is going to be in suburban northern virginia when the president will remind the public yet again that without a budget deal taxes will go up on 100% of americans at the end of the year. he'll visit the home of a middle class family who shared their story through the white house's hash tag my 2k social media campaign. >>> with talks and a public stalemate on wednesday the president called speaker boehner their first conversation of the week. the...
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we go over the fiscal cliff small business owners could see the tax rates rise to over 50 percent. >> it is eye popping isn't it. pray congress makes a deal to avoid going over the fiscal cliff. high income workers there will get more than 50 percent. it targets income brackets. state taxes went up. they are now higher than both new york city as well as hawaii. >> when it comes to jobs being added different numbers, 118,000. >> this is the first week of the month we get a lot of jobs data. storm event coming in when i say storm literally we will see the effects of super storm sandy. private job creation says businesses added 118,000 jobs in november. if it were not for sandy that number would have been north of 200,000. adt may have a stronger jobs report that's the big one economists look at. we expect 93,000 nonfarm jobs have been created last month. the numbers are weak and they suggest it's not just a storm but it is worried about the fiscal cliff holding businesses back from hiring. >> business owners and other people on e-mail which is most of us. when you are reading the e-mail
we go over the fiscal cliff small business owners could see the tax rates rise to over 50 percent. >> it is eye popping isn't it. pray congress makes a deal to avoid going over the fiscal cliff. high income workers there will get more than 50 percent. it targets income brackets. state taxes went up. they are now higher than both new york city as well as hawaii. >> when it comes to jobs being added different numbers, 118,000. >> this is the first week of the month we get a lot...
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cliff part of gge' th first thing in the morning the guests include james carville, mary matalin, and paul >>> and no t arn i for much of the coun freeze moving in. heavy snowfalling. look at these pictures of some tough driving out there already. ginger zee doing double duty today after "gma" this morning. you pointed out to me befor we came onhe athe untwhy ke >> it's been mild and painfully dry. today, a snow-starved nation gets an appetizer. michigan, one to three inches of snow. from grand rapids to saginaw, some really beautiful pictures. a lot of folks telling me, we're ready for it. always on the roadway, a little bit of snow can be worse than a whole lot of snow. half of the nation, three, four years ago, was covered this time of year. 18% only. >> much dryer. and cold on the way. >> we have blizzard warnings in the plains. storm warnings through wisconsin. you can see why, the deep magenta color. that is the 6 to even 12 inches of snow. minneapolis is at an 11-inch deficit. they'll get five to eight. then the cold blast of air comes in. in the teens by monday. starting the w
cliff part of gge' th first thing in the morning the guests include james carville, mary matalin, and paul >>> and no t arn i for much of the coun freeze moving in. heavy snowfalling. look at these pictures of some tough driving out there already. ginger zee doing double duty today after "gma" this morning. you pointed out to me befor we came onhe athe untwhy ke >> it's been mild and painfully dry. today, a snow-starved nation gets an appetizer. michigan, one to three...
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Dec 10, 2012
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>>> this morning on "meet the press," time is running out to avoid the fiscal cliff. is a deal closer than most think? >>> this morning on "meet the press," time is running out to avoid the fiscal cliff. is a deal closer than most think? >>> in public, the lines are drawn. but behind the scenes, the give and take over taxes and entitlement cuts point toward a deal by christmas. what is standing in the way? this morning, the debate is right here. the house speaker's top lieutenant, congressman kevin mccarthy, and top white house ally, the assistant senate majority leader, dick durbin. mccarthy and durbin square off. >>> then, what is the political endgame for both republicans and democrats? who wins and who loses as this fight drags on? >>> plus, the future of the republican party is a hot topic as both sides start plotting the 2016 campaign. our political roundtable features two former capitol hill insiders, newt gingrich and lawrence o'donnell. plus, three journalists on the story. >>> the looming fiscal cliff 22 days away. is it stalemate or compromise? we'll go ins
>>> this morning on "meet the press," time is running out to avoid the fiscal cliff. is a deal closer than most think? >>> this morning on "meet the press," time is running out to avoid the fiscal cliff. is a deal closer than most think? >>> in public, the lines are drawn. but behind the scenes, the give and take over taxes and entitlement cuts point toward a deal by christmas. what is standing in the way? this morning, the debate is right here....
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Dec 8, 2012
12/12
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certainly a quiet morning in washington. maybe they are thinking about the fiscal cliff. who knows. well, our focus today and this morning is syria which is important, not just because more than 40,000 have died in the 21-month conflict but because there are new fears that the government may unleash deadly chemical weapons on its own people. that means more lives could be lost, and for americans it means that the u.s. would probably take action. president obama, secretary of state clinton and defense secretary leon panetta have warned president bashar al assad that using chemical weapons crosses the red line. >> the world is watching. the use of chemical weapons is and would be totally unacceptable. >> so the question is what would that action look like? cnn pentagon correspondent barbara starr has a look. >> reporter: randi, for defense secretary leon panetta, the major priority now is to try to determine syria's intent. does it intend to use chemical weapons? with the u.s. now believing the syrian government has chemical weapon-filled bombs, cnn has learned the pentagon is secretl
certainly a quiet morning in washington. maybe they are thinking about the fiscal cliff. who knows. well, our focus today and this morning is syria which is important, not just because more than 40,000 have died in the 21-month conflict but because there are new fears that the government may unleash deadly chemical weapons on its own people. that means more lives could be lost, and for americans it means that the u.s. would probably take action. president obama, secretary of state clinton and...
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Dec 7, 2012
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later this morning we will find out the impact the fiscal cliff debate and superstore and sandy had on the job market. today's america's money report. topping america's money -- today'she release of all-important november jobs t was note forecas good. e devastation by hurricane sandy had long been expected to disappointing number hires. but investors may shrug off the impact is temporary. college students in the federal loan repayment program are getting help. that is more affordable and favorable to .rouwer's goes into effect l invest $100 million production from some mac computers from china to the u.s. and brazil sells one more marathon. the first -- for the first time macy's stores will open 48 hours straight the giving before christmas, shoppers extra time lift the macy's holiday sales. have a good night. here you go. you, too. i'm going to dream about thatteak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign
later this morning we will find out the impact the fiscal cliff debate and superstore and sandy had on the job market. today's america's money report. topping america's money -- today'she release of all-important november jobs t was note forecas good. e devastation by hurricane sandy had long been expected to disappointing number hires. but investors may shrug off the impact is temporary. college students in the federal loan repayment program are getting help. that is more affordable and...
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according to reuters which cited concerns over a fiscal cliff deal but what does the so-called dollar index really gauge when it comes to the greenbacks true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets and the big wigs on them amount to this. material nonpublic information which is defined as the information that the average investor doesn't have the capability of an insider trading case pretty damn. there is a debate we'll talk about it and loose change let's get to today's capital account . while a fiscal cliff debate seems to consume the domestic airwaves it also reverberated around the global echo chamber providing a baseline for headlines like this that we found a day in the english edition of the chinese government news source no deal in sight on the u.s. fiscal cliff to the international edition of the german paper der spiegel budget disarray u.s. set to restage greek tragedy now it may not represent the same type of threat but it is reminiscent of the debt ceiling debate in the summer of two thousand
according to reuters which cited concerns over a fiscal cliff deal but what does the so-called dollar index really gauge when it comes to the greenbacks true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets and the big wigs on them amount to this. material nonpublic information which is defined as the information that the average investor doesn't have the capability of an insider trading case pretty damn. there is a debate...
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being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from sandy affecting that number. as far as retail sales go in november, we saw a pretty decent gain up 3/10ths of a percent after a similar loss the month before. better when you strip out falling gas prices. sales were up 8/10ths of a percent. wholesale side inflation fell faster than expected last month. >>> google has come back to apple as far as maps go. apple having all sorts of problems with its map that replaced google maps a few months ago led to an apology from the ceo tim cook the firing of a long-time direction and lots of bad directions. so apple will br
being overshadowed by the "fiscal cliff" talks. a lot of worries on wall street if an agreement can't be reached by the end of the year. but as far as of the economy goes, decent news especially on the job market. the labor department reporting that first time unemployment claims fell by 29,000 to 343,000 the lowest level in two months and the second lowest level of the year. it suggests hiring is outpacing firing. the four-week average down to 381,000, still an effect from sandy...
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Dec 11, 2012
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the fiscal cliff challenge for medicare is the simple math that people are living longer. so what are your chances of living to be 100 or older? it's my must read. up on our facebook page at facebook/jansingco.ew sou ps that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. see what's new from campbell's. [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ >>> house speaker john boehner is feeling the pressure to give
the fiscal cliff challenge for medicare is the simple math that people are living longer. so what are your chances of living to be 100 or older? it's my must read. up on our facebook page at facebook/jansingco.ew sou ps that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. see what's new from campbell's. [ female announcer ] some people like to pretend a flood could never happen to them....
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according to reuters which cited concerns over a fiscal cliff deal but what does the so-called dollar index really gauge when it comes to the greenback true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets in the big woods on them amounts to this. material nonpublic information which is defined as information that the average investor doesn't have this is an insider trading case pretty standard. there is a debate will talk about it and loose change let's get to today's capital account. while physical cliff debate seems to consume the domestic airwaves at all.
according to reuters which cited concerns over a fiscal cliff deal but what does the so-called dollar index really gauge when it comes to the greenback true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets in the big woods on them amounts to this. material nonpublic information which is defined as information that the average investor doesn't have this is an insider trading case pretty standard. there is a debate will talk...
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the president shared his views with a virginia family when it comes to the fiscal cliff and tax cuts that could happen. delia goncalves is live on capitol hill with more on that this morning. good morning, delia. >> reporter: good morning. mike, andrea, it appears we were here live on capitol hill just two weeks ago talking about a compromise. remember that? well, now we're back and it seems that those talks that had so much promise, well, they seem they've come to a screeching halt. now congress people are pointing the finger among increasing pressure to strike a deal before the january 1 deadline. they're now blaming each other for stalling talks that could send us off a fiscal cliff. in a surprise visit to a falls church family, the president emphasized he will refuse to sign a bill that does not raise taxes on the wealthy but republicans say that's a deal breaker. his stance they say proves the president is not interested in striking a balanced deal, simp in spending more and raising the debt ceiling. but the president says his main concern is certainly the middle- class families
the president shared his views with a virginia family when it comes to the fiscal cliff and tax cuts that could happen. delia goncalves is live on capitol hill with more on that this morning. good morning, delia. >> reporter: good morning. mike, andrea, it appears we were here live on capitol hill just two weeks ago talking about a compromise. remember that? well, now we're back and it seems that those talks that had so much promise, well, they seem they've come to a screeching halt. now...
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after the policy board meeting the fed chairman expressed strong concern about the fiscal cliff. he urged the obama administration and congress to resolve the problem as soon as possible. >> clearly this is a major risk factor and a major source of uncertainty about the economy going forward. we would try to do what we would. we would increase a bit but i want to be clear that we cannot offset the full impact of the fiscal cliff. it's too big given the tools we have available and the limitations on our policy tool kit at this point. >> let's get a check on the markets now. following the feds decision to take monetary easing steps, the dollar is higher against the yen. that is trading at 83.39 to 40. this is the highest level in eight months. participants are buying dollars due to receding worries after the fed's action. they are hoping the bank of japan will take action at its upcoming policy meeting next week. euro yen quoted at 108.22 to 99. japan's nikkei average went above 9700 at one point. a weaker yen and the u.s. fed's policy decision that's what's lifting a wide range of
after the policy board meeting the fed chairman expressed strong concern about the fiscal cliff. he urged the obama administration and congress to resolve the problem as soon as possible. >> clearly this is a major risk factor and a major source of uncertainty about the economy going forward. we would try to do what we would. we would increase a bit but i want to be clear that we cannot offset the full impact of the fiscal cliff. it's too big given the tools we have available and the...
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get to the fiscal cliff in a second. but first, the job report this morning, 7.7% unemployment because so many people left the workforce. 146,000 jobs. the question a lot of people are asking is when are we going get back to good honest job creation to grow the economy? what is it going to take? >> political will in a word. what is interesting about the jobs numbers and the economy in general is that it's not so much the fundamentals of the economy. businesses who hire people who create jobs which nancy pelosi is looking for are looking for political will out of washington. they are looking for certainty on the fiscal cliff. certainty that debt reduction, there will be debt reduction, that entitlements will be brought under control. looking for certainty on taxe taxes. until this happens, there isn't going to be that certainly. i have to say that the republicans showed the political will. they stood up, to the conservative base. they put the re-knews on the table. what troubles me -- now that the ball is in the white hou
get to the fiscal cliff in a second. but first, the job report this morning, 7.7% unemployment because so many people left the workforce. 146,000 jobs. the question a lot of people are asking is when are we going get back to good honest job creation to grow the economy? what is it going to take? >> political will in a word. what is interesting about the jobs numbers and the economy in general is that it's not so much the fundamentals of the economy. businesses who hire people who create...
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this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few
this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of...
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be part of negotiations on fiscal cliff. we will talk with john larson on how house democrats take on the issue and stephen ola and christina martin and david john of the heritage foundation, on the long-term solvency of social security. "washington journal" is live every morning on c-span at 7:00 a.m. eastern. >> the white house was very controversial as most americans were. >> it was designed for appellate, but americans were having a pellets. it was not particularly awe-inspiring. a european diplomat told the congress that it was neither large or are of the awe-inspiring nature. to . >> "new york times" critic kitty goldberg gathered photographs in history on sunday evening at 730 eastern and pacific on c-span3 american history tv. >> president obama this evening said the u.s. now recognizes the main syrian opposition group as the legitimate representative of its country's people. turkish journalism has reported that the new america foundation. two men have returned from the country into the to the west can do more to hel
be part of negotiations on fiscal cliff. we will talk with john larson on how house democrats take on the issue and stephen ola and christina martin and david john of the heritage foundation, on the long-term solvency of social security. "washington journal" is live every morning on c-span at 7:00 a.m. eastern. >> the white house was very controversial as most americans were. >> it was designed for appellate, but americans were having a pellets. it was not particularly...
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cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the long-term indebtedness of this country is baby boomers retiring putting pressure on medicaid, medicare and social security. i hope my party will look out for the country and not just the party itself and pure this president to do something he has never done before, lead in a bipartisan way. >> reporter: a little swipe there at the end but republicans have been consistent that it is important to address entitlement reform, something they very much want on the table if we're going to have a big deal in this fiscal cliff matter. jon? jon: on the democratic side it seems like they are holding firm on being sure that there is additional tax revenue in any fiscal cliff deal, right? >> jon, no question about that. they have been consistent from the very beginning. the president ran on the upper income americans paying more taxes as part of this deal. we heard more from chuck schumer on "fox n
cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the long-term indebtedness of this country is baby boomers retiring putting pressure on medicaid, medicare and social security. i hope my party will look out for the country and not just the party itself and pure this president to do something he has never done before, lead in a bipartisan way. >> reporter: a little swipe there at the end but republicans have been consistent that...
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Dec 7, 2012
12/12
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WUSA
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in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands arou
in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something...
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Dec 5, 2012
12/12
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CNNW
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our "starting point" this morning, president obama says he will not bend in this fiscal cliff debate. americans face the prospect of severe tax hikes, spending cuts if republicans and democrats can't get together to work out some deal. congress breaks for the holidays in ten days. if they don't extend that, it will be ten days from then that we fall off the fiscal cliff. >> if we're going to be serious about reducing our deficit while still being able to invest in things like education and research and development that are important to our growth and if we're going to protect middle class families, then we're going to have to have higher rates for the wealthiest americans, folks like me. >> white house correspondent dan loa lothian is in washington, d.c. this morning. so who has the ball? and whose court is it in at this point? >> reporter: first of all, we know that house gop had that counter offer, which white house spokesman jay carney has referred to as, quote, magic beans and fairy dust. we expect for republicans to put pressure on the white house to engage. in addition to that,
our "starting point" this morning, president obama says he will not bend in this fiscal cliff debate. americans face the prospect of severe tax hikes, spending cuts if republicans and democrats can't get together to work out some deal. congress breaks for the holidays in ten days. if they don't extend that, it will be ten days from then that we fall off the fiscal cliff. >> if we're going to be serious about reducing our deficit while still being able to invest in things like...
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Dec 10, 2012
12/12
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thanks for being up with this this morning. we have a lot of news to talk about on december 10th. ? in washington, closed door meetings with the president and john boehner. >>> in the midwest, the fiscal cliff is the latest thing on people's minds as the first blizzard of the winter brings the region to a halt, highways closed and scores of flights canceled. that story is just ahead. >>> first, let's get to the news live at 5:30 here at "30 rock" in new york city. well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commis
thanks for being up with this this morning. we have a lot of news to talk about on december 10th. ? in washington, closed door meetings with the president and john boehner. >>> in the midwest, the fiscal cliff is the latest thing on people's minds as the first blizzard of the winter brings the region to a halt, highways closed and scores of flights canceled. that story is just ahead. >>> first, let's get to the news live at 5:30 here at "30 rock" in new york city....
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Dec 6, 2012
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fiscal cliff negotiations. he tells cnn he is starting to see more and more republicans coming around to the idea of raising taxes on the top 2%. there is a letter that acknowledges that there is just so much that individual members can do at this point. after the election, we saw more than 65 petitions pop up on a white house webpage people asking that their state succeed from the union. puerto rico may be going the other direction. the majority of voters want in. some officials say the two-part question on the ballot was confusing and unclear, and not an indication that people there want to be a part of the united states, but others say the change is definitely coming. we're back after the break. come with us. ♪ every day presents another exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around th
fiscal cliff negotiations. he tells cnn he is starting to see more and more republicans coming around to the idea of raising taxes on the top 2%. there is a letter that acknowledges that there is just so much that individual members can do at this point. after the election, we saw more than 65 petitions pop up on a white house webpage people asking that their state succeed from the union. puerto rico may be going the other direction. the majority of voters want in. some officials say the...
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Dec 7, 2012
12/12
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joe," it's mano a mano over the fiscal cliff as speaker boehner requests one-on-one negotiations with the president. can the two men strike a deal without outside help? >> yep. >>> and when we come back, we're going it huddle around the water cooler. chris christie faces off against jon stewart. it's jersey boy versus jersey boy, when "way too early" comes right back with sweet lou. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is
joe," it's mano a mano over the fiscal cliff as speaker boehner requests one-on-one negotiations with the president. can the two men strike a deal without outside help? >> yep. >>> and when we come back, we're going it huddle around the water cooler. chris christie faces off against jon stewart. it's jersey boy versus jersey boy, when "way too early" comes right back with sweet lou. or that printing in color had to cost a fortune. nobody said an all-in-one had to...
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Dec 10, 2012
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Dec 9, 2012
12/12
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host: democrats line and we're looking at the fiscal cliff, go ahead. caller: good morning. i want to know why we keep talking about social security and medicare? why are we not talking about ssi and medicaid? that is where the problem really lies because they have not paid into the program. social security and medicare. if we want to fix the situation, we need to cut to that plus all these charitable contributions. we've got people spending money for christmas so why are we not able to have money in the economy? guest: on the medicare aside -- this is a very important issue were one needs a lot of public a lot -- a lot of public education about the numbers and the reality. the gap between peril taxes paid in and premiums paid into medicare and spending going out his $3 billion per year. that program is a big part of the problem. it is also true of medicaid and ssi, i think they should all be looked at carefully we have sold this section to the american public that they pay a dime into a program, they deserve all the benefits. the gap between what you pay into medicare and w
host: democrats line and we're looking at the fiscal cliff, go ahead. caller: good morning. i want to know why we keep talking about social security and medicare? why are we not talking about ssi and medicaid? that is where the problem really lies because they have not paid into the program. social security and medicare. if we want to fix the situation, we need to cut to that plus all these charitable contributions. we've got people spending money for christmas so why are we not able to have...
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Dec 10, 2012
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why aren't you for going over the fiscal cliff? i heard you yesterday saying it would be catastrophic, but let me read you estimates. we go over the cliff, we suddenly have -- we're basically taking in as much money as we're spending over a five-year period. yes, the economy is in bad shape in 2013 but by 2018 we'd have a debt to gdp ratio of 1.1%. isn't this simpson-bowles on steroids? >> you know, it's no different than what happened over in the uk, in my opinion. they had a similar proposal to what we proposed with dollar revenue and $3 worth of spending cuts. they had a cost benefit analysis they did on all the spending programs, they raised the retirement age. they slowed the rate of growth of health care and they tried to get to balance in four or five years. and we thought at the time the debt was too much too quick that amount of austerity would really, you know, lead to a recession. that's why we had as our number one priority in our program that we didn't want to do anything to disrupt a very fragile economic recovery, so
why aren't you for going over the fiscal cliff? i heard you yesterday saying it would be catastrophic, but let me read you estimates. we go over the cliff, we suddenly have -- we're basically taking in as much money as we're spending over a five-year period. yes, the economy is in bad shape in 2013 but by 2018 we'd have a debt to gdp ratio of 1.1%. isn't this simpson-bowles on steroids? >> you know, it's no different than what happened over in the uk, in my opinion. they had a similar...
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Dec 10, 2012
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about the fiscal cliff. this is from "the washington post." "egyptian opposition confused over next step." host: also from "of the washington times" this morning -- "hillary clinton will testify on the hill." "and no date has been announced for her testimony, either in open or closed session. the state department has put forth and accountability review board and that is investigating the attacks. host: burke, new orleans. what are you willing to sacrifice? caller code good morning. i think that we are spending way too much on this drug war. it is costing the nation way too much at the end of the day and we need to reevaluate ourselves on it. i am for reducing revenue. we should adopt a poll tax in this nation or a transaction tax on security. i do not know. the lancelot. host: all right. -- thanks a lot. host: all right. this headline, "the u.s. knew for years about the benghazi extremism." front page of "the new york times" has this story, "mortgage crisis brings a new reckoning to banks. in the worst case
about the fiscal cliff. this is from "the washington post." "egyptian opposition confused over next step." host: also from "of the washington times" this morning -- "hillary clinton will testify on the hill." "and no date has been announced for her testimony, either in open or closed session. the state department has put forth and accountability review board and that is investigating the attacks. host: burke, new orleans. what are you willing to...
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Dec 6, 2012
12/12
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that's what they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, we say there's no prospect for an agreement that doesn't involve those tax rates going up. remember, it's 2%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks coul
that's what they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes. >> is the...
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Dec 11, 2012
12/12
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and in just about 15 minutes, democrats will be speaking out about the fiscal cliff saying medicaid should not be subject to cuts. in the past 48 hours since president obama and john boehner met face to face, no details on the discussions have -- have been released. the president said he's willing to compromise but maintains his stance on tax increases for the wealthy. >> we ask the wealthiest americans to pay 2%. i won't comhe promice on -- compromise on that >> reporter: and then an official came on tv and said they could save money by making tax cuts to the food stamp program. >>> aig is selling off most of its profit and the government will end up with a profit of $22 billion, to many people's surprise. aig was rescued in 2008 just before it had to file for bankruptcy. now aig executives say the company may be able to pay a dividends to the shareholders by next summer. >>> we're learning about an up expected new fee that's part of the reforms. it's a temporary $63 per person fee designed to help pay for people with preexisting conditions. it will hit health plans affecting 9 0 million
and in just about 15 minutes, democrats will be speaking out about the fiscal cliff saying medicaid should not be subject to cuts. in the past 48 hours since president obama and john boehner met face to face, no details on the discussions have -- have been released. the president said he's willing to compromise but maintains his stance on tax increases for the wealthy. >> we ask the wealthiest americans to pay 2%. i won't comhe promice on -- compromise on that >> reporter: and then...
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Dec 6, 2012
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, talk to avoid the so-called fiscal cliff. for the first time in days, president barack obama and house speaker john boehner spoke by phone about the looming fiscal cliff. so far, no word on the details of the conversation but some republican leaders are now asking for a sit-down with the president. the two sides are at a stalemate over raising taxes on incomes over $250,000 a year. 2 >>> taking a look at some of our other top stories this morning. police in fairfax county continue to investigate a scary scene at robinson secondary school in fairfax after a loaded handgun was found inside a student's locker. they insist that proper disciplinary action will be taken and that the students were never in danger. >>> a fairfax county woman is being sued by the map she hired to do handy work at her home after he says she posted negative comments about him on the web sites yelp and angie's list. the woman claimed he did poor work and stole her jewelry to boot. the contractor says the allegations are false and now he is suing her for
, talk to avoid the so-called fiscal cliff. for the first time in days, president barack obama and house speaker john boehner spoke by phone about the looming fiscal cliff. so far, no word on the details of the conversation but some republican leaders are now asking for a sit-down with the president. the two sides are at a stalemate over raising taxes on incomes over $250,000 a year. 2 >>> taking a look at some of our other top stories this morning. police in fairfax county continue to...
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Dec 6, 2012
12/12
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we'll get to the discouraging situation on the fiscal cliff in just a moment. we do have each a verbable this morning. >> not yet. >> going to wait for it. very high tech. >> so high tech. working on this prop all day. all morning. >> weeks of planning. >>> we also have a major development in the case of software mogul john mcafee arrested last night. this morning police are taking more action after he tried to seek asylum in guatemala. a strange story gets even stranger. again he is now under arrest. >> bizarre to the nth degree there. >> yeah. >>> also this morning -- weeding through all the details on washington state's new law. [ coughing ] taking effect this morning. get it? that legalizes recreational marijuana use. i need you to cough please. [ coughing ] where can you light up? where can you not? >> yeah. all details. we don't want to leave you high and dry on the story. all the details on that. coming up. whew, man, willis put it down. >>> later this half-hour, rihanna sings a new career tune. if you are a fan you may be soon seeing much more of her. w
we'll get to the discouraging situation on the fiscal cliff in just a moment. we do have each a verbable this morning. >> not yet. >> going to wait for it. very high tech. >> so high tech. working on this prop all day. all morning. >> weeks of planning. >>> we also have a major development in the case of software mogul john mcafee arrested last night. this morning police are taking more action after he tried to seek asylum in guatemala. a strange story gets even...
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Dec 8, 2012
12/12
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FOXNEWSW
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fiscal cliff. if you listened to speaker boehner yesterday he is reading reports that the president is trying to slow walk this thing. listen to the speaker. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> there are a lot of things that are possible to put the rev that the president seeks on the table, but nope of it is going to be possible. the president insists on his position. insists on my way or the highway. that's not the way to get to an agreement that i think is important for the american people and very important for our economy. >> there you go. so that's what speaker boehner's office is saying. they had a phone call on thursday. but people wondering if they are not even talking at all anymore. >> he said this is no way to an agreement there should be compromise. if you are elected official you should represent all of the united states and you should compromise and hear both sides. >> i think you should
fiscal cliff. if you listened to speaker boehner yesterday he is reading reports that the president is trying to slow walk this thing. listen to the speaker. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> there are a lot of things that are possible to put the rev that the president seeks on the table, but nope of it is going to be possible. the president insists on his position. insists on my way...
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Dec 6, 2012
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cliff. but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has announced its support for the measure. it is not expected to be taken up until early next year. ext y >>> time now not morning line and everybody is talking about sunday's redskins-ravens game. redskins have lost the last two against baltimore. now, as far as the redskins injuries are concerned, london fletcher sat out of practice yesterday with an ankle injury and left tackle trent williams continues to nurse a deep thigh bruise. deangelo hall is in a boot but it is like lie all of them way play this weekend.
cliff. but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has...
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Dec 6, 2012
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this morning part of our week-long and couple of weeks' long conversation on the fiscal cliff, a focus this morning on the expiring tax provisions. host: today we're looking at the issue of tax extenders or tax incentives for business and individuals. and joining us in this discussion is sam goldfarb, who is a tax writer for c.q. roll call. what are tax extenders? >> well, they're temporary tax breaks. that's basically i think the most basic definition and some people are kind of concerned that the entire tax code is turning into one big tax extendser. so where do you really define it? but i think traditionally they're considered to be these pretty small provisions, narrowly targeted at specific types of businesses. some of them do apply to individuals as well. >> so why are they temporary? >> that's a good question. i think a lot of people, including people in congress, say either they should be made permanent or they should be eliminated altogether. but they're temporary because it's easier to pass that way. it looks like it costs less. usually they keep on being ex tended and extend
this morning part of our week-long and couple of weeks' long conversation on the fiscal cliff, a focus this morning on the expiring tax provisions. host: today we're looking at the issue of tax extenders or tax incentives for business and individuals. and joining us in this discussion is sam goldfarb, who is a tax writer for c.q. roll call. what are tax extenders? >> well, they're temporary tax breaks. that's basically i think the most basic definition and some people are kind of...